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HNA, JD.Com Suffer Huge Paper Losses After Tuniu Share Crash
Aggregated Source: China Money Network
travel copy 3Chinese conglomerate HNA Group and e-commerce giant JD.com Inc. have suffered huge paper losses worth nearly US$400 million combined after shares prices of their business partner travel service provider Tuniu Corporation plummeted. NASDAQ-listed Tuniu saw its shares drop to US$9.70 per American Depositary Share (ADS) yesterday from a peak of US$16.91 last December, as China's […]


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